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Hi @tinchoeluru,
Yes, as you noticed, making direct edits to the database is never a good idea. In your case, to get things fixed you have to enter safe mode and simply activate another snippet so that the snippet cache is reset.
In order to have better performance when loading snippets, WPCode preloads the snippets that are active so that they are ready for execution with all the configuration. When you remove a snippet from the posts table, you lose the ability to edit that snippet but it is still preloaded for execution.